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Title Insurance: The Basics

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I have often found that many homebuyers lack a fundamental understanding about title insurance. While most past clients have admitted to briefly discussing the topic with their real estate agent, they don’t seem to understand its purpose or function–only that it will be an additional expense on the settlement sheet for which they are […]

Popularity: 7% [?]

Readers of this blog fully understand foreclosures are on the uptick and will likely to stay that way for the remainder of the year. However, some people may not fully realize the challenges being mounted against foreclosures from all fronts.
It seems the lenders/banks have it had too easy for too long and have become complacent […]

Popularity: 15% [?]

Tips for Navigating the Short Sale Process

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With homeowners defaulting on their mortgages at a record pace, many people are practically begging their lenders for some form of relief or assistance in order to prevent themselves from ending up on the street. While it is certainly disconcerting to receive collection letters and threats of impending foreclosure from a lender, those who […]

Popularity: 19% [?]

A Miami-Dade County, Florida developer, Related Group, has filed multiple lawsuits in the past month against real estate brokerages seeking the return of commissions on deals that fell through. The amount in controversy, which exceeds $460,000.00, is tied to commissions advanced by Related Group to the named-defendant brokerages on at least 19 sales contracts […]

Popularity: 10% [?]

Real Estate Agents: Are Litigious Clients Out to Get YOU?

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If you are a real estate agent or lawyer you MUST read this; if you are a recent home buyer you MUST read this.
Why?
Because we are about to take a trip through the looking glass into a weird world never before explored, a world in which home owners who feel they overpaid for their […]

Popularity: 11% [?]

5 Reasons Why You Need a Real Estate Attorney

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True Story: Jim and Susan Jones were selling their home in Florida and relocating to Pennsylvania. They had entered into an agreement of sale with a buyer for their home simultaneous to signing an agreement of sale to buy a new home in Pennsylvania. After packing all of their belongings and getting ready […]

Popularity: 18% [?]

When purchasing a multi-unit residential property, there are additional items that must be addressed at settlement that are not routine in typical residential transactions. For this very reason, it is essential to ask your real estate agent if he/she has significant experience in handling multi-unit properties (I would also strongly suggest that you involve […]

Popularity: 12% [?]

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  Jim Watkins
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  Milton B. Yates
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